3 Dates for Netflix Investors to Circle This Monthhttp://www.fool.com/investing/general/2014/02/02/3-dates-for-netflix-investors-to-circle-this-month.aspx Rick Munarriz
February 2, 2014
January was full of fireworks for Netflix (NASDAQ: NFLX), anchored by the leading video service's blowout quarter. The stock hit yet another all-time high on Friday, propelled by a Moody's credit upgrade. In a month that saw many of last year's big winners fall flat, Netflix shares soared 11% higher in January.
However, last month is now in the past. Let's go over a few dates that will be important for Netflix.
This is a bigger deal for Netflix than you might think, as subscribers figuring they'll be occupied with the Olympics through the closing ceremony on Feb. 23 may decide to take a month off.
This wasn't such a problem when Netflix was a disc-based rental service. Folks always had DVDs at home or optical discs on the way, making it cumbersome to take a short break from the platform. Streaming makes it all too easy to let it go, and it's a big reason Netflix stopped reporting its monthly churn metric two years ago.